Comprehensive net income nearly doubled to RMB 1,284,853,000 ($190.1 mm) from RMB 688,328,000, helped by nearly a RMB billion gain on financial asset revaluation that was partially offset by a RMB 350 million loss on currency translation differences. Excluding comprehensive items, net income was off 8% to RMB 800,929,000 ($118.5 mm) from RMB 869,735,000 on 10% lower sales at RMB 1,352,643,000 ($200.1 mm) vs. RMB 1,501,477,000. As usual, the company’s bottom line was dominated by financial income, but the top line sales of Kappa and Phenix products were down overall. Gross margin declined 120 basis ... Log in to view full article.